Loan Servicing Specialist
Banesco USA is seeking a Loan Servicing Specialist for our Loan Operations unit.
Responsibilities:
Assist customers, bank staff, government agencies, and insurance agents with inquiries and/or research related to escrow disbursements, loan servicing, and insurances.
Assure proper input of all types of insurances in the Jack Henry system, ensuring required fields are completed, including flood determination information.
Prepare flood expiration notices within the time frame stipulated by regulations.
Monitor all insurances via the tickler system and disburse funds for the payment of insurance premiums for the loans in escrow.
Assure real estate taxes are properly entered when new loans are booked in Jack Henry and the folio numbers with legal description are sent on a timely basis to CoreLogic for accurate tracking.
Process escrow disbursements and prepare checks to pay agents and/or insurance companies.
Assist in the reconciliation of the flood determination and tax service fee general ledger accounts on a monthly basis.
Prepare satisfaction, partial release and UCC on paid‑off loans.
Send letters to borrowers informing them of delinquency in taxes.
Review insurance and real estate tax tickler report on a weekly basis to ensure no lapse in coverage or delinquent taxes.
Prepare insurance and real estate tax tickler reports from Cognos on a monthly basis.
Perform escrow disbursements, escrow analysis as needed.
Process escrow analysis on an annual basis as needed.
Complete annual training program assigned.
Prepare UCC‑3 Continuations as needed.
Prepare payoff and partial release letters.
Back up for preparing the daily PLC reconciliation.
Perform other functions and/or duties as assigned.
Qualifications: Associate degree or equivalent experience.
Three to five years of experience in the banking industry, preferably in loan servicing/operations.
Advanced computer skills, including proficiency in Microsoft Office (Word, Excel, PowerPoint, etc.).
Knowledge of Participated and Syndicated Loans.
Knowledge of Jack Henry.
Knowledge of Cognos (highly preferred).
Must be bilingual in English and Spanish; fluent in speaking, understanding, reading, and writing both languages.
Strong verbal and written communication skills; ability to communicate at all organization levels.
Strong attention to detail and accuracy.
Ability to multi‑task with strong organization, time‑management, and prioritizing skills.
Customer service skills, ensuring satisfaction of both internal and external customers.
Ability to work in a team environment.
Knowledge of related state and federal banking compliance regulations and operational policies.
Ability to understand and comprehend instructions, procedures, and policies ensuring compliance with the bank’s policies and procedures.
Problem‑solving and analytical skills to identify problems.
Benefits: Competitive salary.
PTO.
Hybrid work model (remote and on‑site).
Tuition reimbursement.
Paid parental leave.
Medical, dental, vision.
401(k).
Life insurance.
Supplemental insurances.
Short‑term & long‑term disability.
About Us:
Banesco USA is part of Banesco International, a worldwide group of financial institutions present in 14 countries. As a constantly evolving corporation, we promote the ongoing professional and personal development of our employees, embracing challenges and adapting to today’s changing environment. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world. Rooted in our values—Reliability, Responsibility, Quality, and Innovation—we believe everyone can transform daily tasks into significant contributions, and therefore leave our mark. At Banesco USA, one of our most valued assets is our enthusiastic team, which strives each day to create a world‑class organization in an ever‑changing world. Together, our team has made us a market leader and we invite you to join us.
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Finance and Sales
Industries
Banking
